Quote from: cuddaloreappu on August 09, 2019, 05:51:26 AM

Quote from: Darker45 on August 09, 2019, 04:29:27 AM

So far, this is the most ironic post on this forum.

Bitcoin ==> Decentralized, anonymous, transparent, peer-to-peer, electronic cash, fully owned by users, freedom, with appreciating value, etc.

Central Banks ==> Centralized, paper bills and metal coins, owned by the state, value determined by the central bank, with powerful third-party players, depreciating in value, bound by rules of the state, etc.

Therefore, Bitcoin =/= Central Banks!

How could we then promote Bitcoin to its truest sense at the same time please the central banks and the governments? In the first place, Bitcoin was never made for them, it was made for the people. It was not made to support the central powers, it was made to give freedom to the people. It was not made to make these central bodies stronger, it was made precisely to dismantle them. It was not made to preserve the status quo and keep the system intact, it was made to disrupt the system.

hate to tell you , but it seems bitcoin will be dismantled before it even begins to try. Two large populated countries of the world are exactly averse to it for the exact same reason. added on top if it is the anarchic idealism with silkroad and other stories that just paint a bad name beyond any repair, add to it the ransomware. people in power of Governments know how to manipulate people and bitcoin just handed over them in a platter of how bad it is.This is the problem of decentralization and how things die down.

If ever bitcoin was a private corporation , the marketing strategy could have been very different. They would have started with hype about blockchain on how it will help reduce corruption, help states in logistics and reduce crime, bring about financial inclusion and then somehow present bitcoin as a fuel or token to the system that is necessary for the blockchain to function , there would have been a greater chance of its success.. But the reverse happened leading to its eventual doom.

at some point people have to realize that there is something called a internet kill switch and states can switch it off if they wish. then it would have given some clear understanding of who is in power and how to make bitcoin survive in such a world.

Well, a decade has passed since Bitcoin was launched and it is still here, very much alive and well. Bullish even.

Why do you think that Bitcoin will be dismantled simply because a couple of countries are averse to it? Bitcoin began to grow without even a single country supporting it. No, Bitcoin even grew this huge despite powerful countries opposing it. The silkroad issue has long been buried. Bitcoin didn't die when it became a strong issue. Bitcoin didn't die when china, a more populated country, started to ban mining, trading, ICO, and other Bitcoin or crypto-related transactions. It won't die because India doesn't want it. For all I know, a thick community of Indians are at the back of Bitcoin, loyal and unflinching.

Blockchain is an integral part of Bitcoin. It is synonymous with each other. Bitcoin has been promoted together with it. It was not left out. In fact, there are a lot of instances in which the blockchain technology is appreciated but not Bitcoin. There are a lot of people who bought the idea of blockchain but not Bitcoin. And we are seeing a lot of development using the blockchain technology. But whether we like it or not, in one way or another, we owe it to Bitcoin.

And the governments and the central banks cannot threaten Bitcoin with an internet switch off. Let us all admit that it is absolutely ludicrous. They do that, they commit suicide. Bitcoin will remain unscathed after that while the entire government and private dealings are terribly hampered if not dead.